Love how they 'claim' that the is a stance because regulations would be bad for the profit margins of systemic polluters 'bad for the economy' , when it's verifiable that these stupid ass near-miss shut downs are economically destructive every. damn. time!
The clearing price for a permit to emit a ton of CO2 was $5.02 per ton as of the June 6th auction. That's the price in the 9 RGGI states that have ALREADY hit the 30% reduction goal.
So you guys shut the fuck up. You KNOW the actual per ton price on the CO2 market in the US. The EPA has basically said to the noncompliant states "please join RGGI, its all set up and functioning. that would be most effective."
and each state starts with their current allowance and then permit numbers decrease in successive auctions. So increased supply and decreased demand (as the 9 RGGI states planned for having LESS permits each round) means the ton price will be LESS than that. How much less depends on how big the state is that joins. Texas (haha, sure!) would drop the prices significantly, North Dakota isn't going to budge it more than a few pennies.
Re: relevant datafenris_lorsraiJune 20 2014, 18:17:16 UTC
article added to queue. additional data gleaned from that: the current raise in prices is largely due to about HALF the permits being bought by investment banks!
Averaged across the five years RGGI has been in operation, it cost around $8-$9 per capita to hit that 30% reduction. So a total of between $40-$50 per capita total.
So its doable and its not that expensive.
So lets estimate Oklahoma and North Dakota, since they're the two bitching here.
Oklahoma's popultion: 3,814,820 North Dakota: 723,393
We'll got with $50 a head as they're starting later, so need to account for inflation.
Oklahoma total: $190,741,000 North Dakota total: $36,169,650
They have until 2030 to do it, so spread across ten years (we'll assume they start in 2015)
Oklahoma: $19,074,100 per year for ten years North Dakota: $3,616,965 per year for ten years
That's a pretty piddly amount per year. If we agree to give them that much in federal aid each year (which is a piddling amount) to cover the cost, can we just get them to SHUT UP?
Re: relevant datamoonshazJune 20 2014, 20:27:57 UTC
You'd think the Repugnicants would have figured out by now that people get pissed off when they pull this "shut down the government naow!" shit." AND right before a Congressional election? Yeah, okay. *massive eye roll*
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Can't WAIT to get KaSUCK out of office.
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Asswipes.
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So you guys shut the fuck up. You KNOW the actual per ton price on the CO2 market in the US. The EPA has basically said to the noncompliant states "please join RGGI, its all set up and functioning. that would be most effective."
and each state starts with their current allowance and then permit numbers decrease in successive auctions. So increased supply and decreased demand (as the 9 RGGI states planned for having LESS permits each round) means the ton price will be LESS than that. How much less depends on how big the state is that joins. Texas (haha, sure!) would drop the prices significantly, North Dakota isn't going to budge it more than a few pennies.
PDF will more info and fancy charts and shit
(I'll throw article about the clearing price in the queue shortly, if I can find one that's NOT the PDF)
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Averaged across the five years RGGI has been in operation, it cost around $8-$9 per capita to hit that 30% reduction. So a total of between $40-$50 per capita total.
So its doable and its not that expensive.
So lets estimate Oklahoma and North Dakota, since they're the two bitching here.
Oklahoma's popultion: 3,814,820
North Dakota: 723,393
We'll got with $50 a head as they're starting later, so need to account for inflation.
Oklahoma total: $190,741,000
North Dakota total: $36,169,650
They have until 2030 to do it, so spread across ten years (we'll assume they start in 2015)
Oklahoma: $19,074,100 per year for ten years
North Dakota: $3,616,965 per year for ten years
That's a pretty piddly amount per year. If we agree to give them that much in federal aid each year (which is a piddling amount) to cover the cost, can we just get them to SHUT UP?
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